Legal risk data
for counterparty
and asset due diligence

Balance of Interests in Publicizing Risk

Maintaing safety of international commerce and financial services from risks presented by illegal assets and other criminal abuse is undoubtedly in the public interest. It is thus in the public interest to highlight specific risks relating to assets and individuals. The role of LegallyToxic is to enable anyone dealing with highlighted assets and persons to make extra checks and stay safe.

LegallyToxic is about highlighting risk. Risk is not a fact, but a probability that a fact took or will take place. Consequently, if our user says that risk exists in relation to a person or an asset, it is an expression of opinion and not a statement of fact. Expression of opinion is protected by free speech provisions in most democratic legal systems.

Risk is all about probability. Saying that an asset is risky (‘legally toxic’) is an opinion on the likelyhood of negative consequences. We stress that LegallyToxic is an opinion sharing platform.

If you believe that a user of LegallyToxic has got facts wrong, please use the provided option to report this to us. If you would like to contact the author and request the correction of the posted opinion, this is also possible through our platform.

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Legal Risks Explained

  • How LEGALLY TOXIC helps you stay out of risk

    LegallyToxic.com hosts data on risks relating to individuals, organizations and assets.

    This service was originally launched to assist parties in litigation and crime victims to disseminate notices preventing stolen assets from being purchased with clean title. There is no 'innocent purchaser for value' defense if the criminal origin of the disputed assets was publicly known at the time of purchase.

  • Balance of Interests in Publicizing Risk

    Maintaing safety of international commerce and financial services from risks presented by illegal assets and other criminal abuse is undoubtedly in the public interest. It is thus in the public interest to highlight specific risks relating to assets and individuals. The role of LegallyToxic is to enable anyone dealing with highlighted assets and persons to make extra checks and stay safe.

  • Types of notices published at LegallyToxic.com

    At LegallyToxic.com you may announce: Individuals or entities which may be handling proceeds of crime (source of funds risk); Financial services organizations and other professional businesses known to be specializing in dealing with high-risk clients ...

  • Legal Risks Of Acquiring Crime-Tainted Assets

    A great deal of assets traded for business or personal use carry a hidden risk of being one day revealed to be of a criminal origin. A penthouse in New York bought with corruption money, a mining business in a developing country taken from original owner by intimidation and corrupt justice, a corporate asset embezzled against the will of the shareholders: examples are many.

  • Liability of the corporate service provider whose client company was used for an illegal purpose

    When doing asset tracing and recovery work we frequently have to deal with offshore service providers whose companies were used for asset laundering, concealment of control in the course of the crime or other assistance essential to the completion of the criminal act which we are trying to unravel.

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